Procurement Strategy Series: 3. Which KPIs?

A few more questions to cover in the lead-up to the practice of developing superior strategies for the transformation of Procurement. This time on the philosophical challenge of determining what to measure.

In this third short video in my ‘Procurement Strategy Series’ I consider some of the issues on developing key performance indicators (KPIs)?that are put in place, not to tick some box, but to drive the function to a significantly better place.?

Spoiler: I’m not going to tell you what to measure. At least for now.

I am going to suggest measure later in this series, but that all depends on what it is you/we plan to do in transforming procurement operations. More of that to come.